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Cardano Sees Insane 270% YTD Jump In On-Chain Transfer Volume, Overtakes Bitcoin, Ether, And DOGE.

According to new data from Kraken Intelligence, Cardano recorded significant growth in transaction volume during which the volumes of major cryptocurrencies, including bitcoin, ethereum, and dogecoin, were struggling amidst the dire crypto winter landscape.

https://zycrypto.com/cardano-sees-insane-270-ytd-jump-in-on-chain-transfer-volume-overtakes-bitcoin-ether-and-doge/

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https://digitalcryptonetworks.com/
Polygon to launch Web3 gaming platform.

On Tuesday, the Polygon team unveiled its tie-up with South Korea-based video game development and online publishing giant Neowiz Corporation. Via the partnership, the two platforms are set to launch a blockchain-based gaming platform that will bring some of Neowiz’s popular gaming IPs to Web3 for the first time.

https://watcher.guru/news/polygon-to-launch-web3-gaming-platform

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https://digitalcryptonetworks.com/
Robinhood to Pay $9.9M to Users Suing over Repeated Outages.

Robinhood is going to pay $9.9 million to a group of users who are suing over repeated outages.

About 150,000 users had alleged they were affected by the disruption back in 2020, during a pronounced bout of volatility on the stock market.

https://coinmarketcap.com/alexandria/article/robinhood-to-pay-9-9m-to-users-suing-over-repeated-outages

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https://digitalcryptonetworks.com/
Mailchimp Suspends Accounts of Decrypt, Messari and Other Crypto Brands Without Warning❗️

Mailchimp has suspended the accounts of several crypto media outlets.
The company provides email marketing services and also allows newsletters to be sent to subscribers.

https://coinmarketcap.com/alexandria/article/mailchimp-suspends-accounts-of-decrypt-messari-and-other-crypto-brands-without-warning

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https://digitalcryptonetworks.com/
NFT Sales Roundup: A Mega-trippy Mutant Ape Sold for $3.9M. 🤖

This week’s NFT Sales Roundup includes Mutant Ape Yacht Club, 8liens, Moonbirds, and more.

CryptoSlam’s data shows that over 181,000 buyers spent more than $156 million on NFTs in the past seven days. That’s up 13% compared to the previous seven days, with projects like Bored Ape Yacht Club and CryptoPunks ringing up the highest sales.

https://boardroom.tv/nft-sales-roundup-mutant-ape-yacht-club/

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https://digitalcryptonetworks.com/
Polcadot’s Acala Dips By 70% After Hackers Issued 1.2 Billion AUSD

Yet another DeFi protocol has been tampered by hackers, who, in the last couple of months, have succeeded in breaching security of many other protocols. This time, polcadot’s Alcala becomes the victim.

AUSD falls to lowest point as Acala remains under threat
Polkadot’s decentralized finance network hosting the aUSD ecosystem, revealed via their official Twitter handle, that operations have been halted, following the rise of “configuration issues” on the network.

https://coingape.com/polcadots-acala-dips-by-70-after-hackers-issued-1-2-billion-ausd/

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https://digitalcryptonetworks.com/
There’s a new NFT marketplace powered by Opensea Seaport Protocol – MysticSwap 🪄

Two months ago, Opensea moved to the open-source decentralised protocol, Seaport. This move shook the NFT space, as gas fees were severely reduced and a lot of doors opened for innovation in the NFT space. Now, a new platform powered by Seaport is rising as a result. Its name is MysticSwap, and it’s a game-changer.

MysticSwap – What is it?

MysticSwap is a marketplace for NFT swaps and trades. Currently in open beta, the platform will enable users to not only list NFTs for ERC-20 tokens or ETH, like Opensea or LooksRare do, but to also list any combination of assets in exchange for any combination of assets.

Read more🔻
https://www.digitaljournal.com/pr/theres-a-new-nft-marketplace-powered-by-opensea-seaport-protocol-mysticswap#ixzz7c74SYFY4

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https://digitalcryptonetworks.com/
Revolut Wins Crypto Approval Across Europe. 💳🎖️

Revolut, a digital bank based in London, has won approval from regulators in Cyprus to offer cryptocurrency-related trading services, a move that will let Revolut conduct retail crypto transactions across the European Union and also in Iceland, Lichtenstein and Norway.

https://www.pymnts.com/cryptocurrency/2022/revolut-wins-crypto-approval-across-europe/

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https://digitalcryptonetworks.com/
Australians can now use crypto to buy gasoline, Krispy Kreme donuts. 🇦🇺

Australian consumers can use cryptocurrency to pay for gasoline and other goods — including Krispy Kreme donuts — at 175 OTR service stations through a partnership with Crypto.com and payment terminal provider DataMesh Group Pty Ltd.

https://forkast.news/headlines/australians-crypto-gasoline-krispy-kreme/

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https://digitalcryptonetworks.com/
Meta Launches Horizon Worlds, Gets Ridiculed by Crypto and Tech Twitter.

Meta launched the first iteration of its metaverse called Horizon Worlds in France and Spain but received little love from the crypto community.

Details🔻
https://coinmarketcap.com/alexandria/article/meta-launches-horizon-worlds-gets-ridiculed-by-crypto-and-tech-twitter

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https://digitalcryptonetworks.com/
Web3 Brands Try Serving Customers in the Real World.

Solana, SuperPlastic and Doodles are using interactive experiences to reach consumers who aren’t already NFT converts

Companies are bringing NFTs to life in physical spaces, opening stores and pop-up experiences to draw in existing and new customers.

https://www.wsj.com/articles/web3-brands-try-serving-customers-in-the-real-world-11660859766

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https://digitalcryptonetworks.com/
Nike makes $185 million via NFT sales: Leaves Adidas, Gucci behind.

Nike is one of the few mainstream companies that has hit the nail on the head in the NFT market. Last year, the American MNC was in the news for acquiring a company that made NFTs and sneakers for the metaverse. Then, in April this year, Nike released its first collection of virtual sneakers, Cryptokicks. The collection comprised 20,000 NFTs, including one the artist Takashi Murakami designed. The same was purchased for a whopping $134,000.

https://watcher.guru/news/nike-makes-185-million-via-nft-sales-leaves-adidas-gucci-behind

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OpenSea Backs The Merge — and Warns Forked NFTs Won't Be Supported. ⚠️

OpenSea has announced that it's throwing its support behind The Merge — and will only support NFTs based on Ethereum's new Proof-of-Stake blockchain.

https://coinmarketcap.com/alexandria/article/opensea-backs-the-merge-and-warns-forked-nfts-won-t-be-supported

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https://digitalcryptonetworks.com/
Alex Mashinsky Resigns as CEO of Bankrupt Celsius Network After Customers Tell Him to Go.

Alex Mashinsky has announced that he is resigning as CEO of Celsius Network.

His departure comes almost four months after the crypto lender suddenly suspended withdrawals — leaving thousands of customers locked out of their life savings.

https://coinmarketcap.com/alexandria/article/breaking-alex-mashinsky-resigns-as-ceo-of-bankrupt-celsius-network

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https://digitalcryptonetworks.com/
Ripple (XRP) makes carbon credit partnership with web3 startup.

Ripple has partnered with Thallo, a web3 climate-conscious startup, to build a new carbon credit marketplace.

The marketplace is pitched as a unique venture that will facilitate high-quality carbon credits to buyers and sellers.

https://www.gfinityesports.com/cryptocurrency/ripple-xrp-makes-carbon-credit-partnership-with-web3-startup/

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https://digitalcryptonetworks.com/
Mastercard Taps Paxos to Launch Crypto Trading for Banks. 🏦

Payments giant Mastercard is teaming up with Paxos to launch crypto trading for banks by taking care of compliance and security.

Mastercard plans to announce a program on Monday called Crypto Source that will make it easier for banks and other financial institutions to offer cryptocurrency trading.

https://decrypt.co/112140/mastercard-taps-paxos-launch-crypto-trading-banks

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https://digitalcryptonetworks.com/
🔝Buffett-backed digital bank Nubank to launch its own cryptocurrency in Brazil 🇧🇷

The Brazilian digital banking startup Nubank will launch its own cryptocurrency in the country next year, marking the latest move into digital assets by a large financial institution.

https://www.cnbc.com/2022/10/19/buffett-backed-digital-bank-nubank-to-launch-its-own-cryptocurrency.html

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https://digitalcryptonetworks.com/
Reddit Users Open 2.5 Million Crypto Wallets After Launch of NFT Marketplace.🤖

Reddit users appear to be upvoting non-fungible tokens (NFT).

The social network’s users have opened over 2.5 million crypto wallets on the platform since Reddit released its NFT marketplace in July.

https://www.coindesk.com/web3/2022/10/19/reddit-users-open-25-million-crypto-wallets-after-launch-of-nft-marketplace/

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Warner Bros. teams up with web3 startup Eluvio to launch ‘Lord of the Rings’ NFTs.

Warner Bros. Discovery has partnered with blockchain company Eluvio to launch “The Lord of the Rings: The Fellowship of the Ring” (Extended Version) web3 movie experience, with limited-edition multimedia non-fungible token (NFT) versions of the movie. “The Fellowship of the Ring” NFTs feature a 4K UHD, 3-hour-and-48-minute extended version of the 2001 film, over eight hours of bonus footage and commentary, image galleries and hidden AR collectibles.

https://techcrunch.com/2022/10/20/warner-bros-teams-up-with-web3-startup-eluvio-to-launch-lord-of-the-rings-nfts/

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https://digitalcryptonetworks.com/
Invest in these 5 altcoins during bear market for massive profits. 💸

An analyst at InvestAnswers has shared a list of altcoins that are struggling during this bear market but hold great potential for the long term.

InvestAnswers adds Harmony (ONE), TRON (TRX), Tezos (XTZ), and Flow (FLOW) to his list of profitable altcoins.

https://www.crypto-news-flash.com/invest-in-these-5-altcoins-during-bear-market-for-massive-profits-analyst-take/
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